The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.20% to 1,417.77 points, the Tel Aviv 100 Index rose 0.14% to 1,301.05 points, and the BlueTech 50 Index rose 0.24% to 363.05 points. Turnover was NIS 1.41 billion.
The TASE rose to a new all-time high today in line with gains on European markets and at the opening on Wall Street. The Tel Aviv 25 Index rose 1.4% for the week, and has risen 6.6% since the beginning of the year.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.472/$, down 0.09% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.775/€, down 0.35%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.07%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) rose 0.2%, despite Minister of Health Yael German's statement that she will oppose phosphates mining at Sde Barir and the company's threat to close its phosphates business. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.2%, on the day's biggest turnover of NIS 95 million.
Tamar partners Delek Group Ltd. (TASE: DLEKG) and Isramco Negev 2 LP (TASE: ISRA.L) both rose 2.6% for the biggest gains on the Tel Aviv 25 Index. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.8%, for the biggest loss on the index.
Elsewhere in the market, Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) rose 1.5%, amid recovery plans.
Published by Globes [online], Israel business news - www.globes-online.com - on April 3, 2014
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